Arthur Markillie Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 15050162 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ARTHUR MARKILLIE HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R S Markillie

Miss A C L Monaghan

Mrs S A Markillie

S E Markillie

REGISTERED OFFICE:

Trinity Hall

Walpole Highway

Wisbech

Cambridgeshire

PE14 7SN

REGISTERED NUMBER:

15050162 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Tangible assets

4

1,962,151

-

Investments

5

407,100

2,369,251

407,100

CURRENT ASSETS

Debtors

6

35,917

-

CREDITORS

Amounts falling due within one year

7

19,571

-

NET CURRENT ASSETS

16,346

-

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,385,597

407,100

CREDITORS

Amounts falling due after more than one
year

8

(160,000

)

(145,455

)

PROVISIONS FOR LIABILITIES

(372,825

)

-

NET ASSETS

1,852,772

261,645

CAPITAL AND RESERVES

Called up share capital

247,100

261,645

Retained earnings

1,605,672

-

1,852,772

261,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

Miss A C L Monaghan - Director

1.	STATUTORY INFORMATION

Arthur Markillie Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

Additions

1,962,151

At 31 March 2025

1,962,151

NET BOOK VALUE

At 31 March 2025

1,962,151

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

407,100

NET BOOK VALUE

At 31 March 2025

407,100

At 31 March 2024

407,100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed by group undertakings

35,917

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Taxation and social security

6,033

-

Other creditors

13,538

-

19,571

-

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Other creditors

160,000

145,455

9.	PREFERENCE SHARES

Details of shares shown as liabilities are as follows:

Allotted, issued and fully paid

31.03.25

31.03.24

£

400,000 3% redeemable cumulative preference shares of £1 each

400,000

As at 31 March 2025

400,000

The 3% redeemable cumulative preference shares are classified as compound financial instruments, which have the characteristics of both debt and equity and may be redeemed at the option of the company at par.

The debt element is the net present value of the liability relating to the future dividend stream and has been calculated using an equivalent rate of 7.5%, being the directors estimate of the cost of capital.

Debt

Equity

Element

Total

3% redeemable cumulative preference shares

160,000

240,000

400,000

As at 31 March 2025

160,000

240,000

400,000